Argentina plans to produce 200,000 tonnes of lithium by 2025
Argentina expects lithium exports to reach $5.6 billion by 2025 based on the production of 200,000 annual tonnes of the battery metal.
Argentina expects lithium exports to reach $5.6 billion by 2025 based on the production of 200,000 annual tonnes of the battery metal.
Shares in the world’s top two lithium producers are tanking after Chile said their contracts will not be renewed and prices for the battery metal continue to fall.
Canada’s Summit Nanotech is opening a facility in Chile with the goal to scale up its denaLi direct lithium extraction technology.
The policy sets up a public-private model in which the state will partner with miners through a dedicated national lithium company.
As it wraps up an exploration program this year at the Maricunga salt flat, Codelco has been contacted by several companies, chairman Maximo Pacheco said.
The company says its proposed $600 million lithium hydroxide plant in Tennessee would pay for itself in less than three years.
According to Mining Intelligence data, there are 409 active lithium projects in Canada.
Several upstart miners have bought land rights to nearby abandoned oil fields in Canada and begun developing extraction technology of their own.
Sigma started production at the Grota do Cirilo lithium mine in the state of Minas Gerais earlier this week.